Tesla, EV peers gain on limited tariff exposure, bucking broader auto-sector slump

Tesla's TSLA.O shares rise along with EV making peers, while other automakers slump on fears of hit from new US taxes on auto imports

While CEO Musk warns of "significant" impact, analysts say Tesla's exposure is limited due to a US-centric supply chain

TSLA up 5.8% at $287.78

EV makers Rivian Automotive RIVN.O up 6.6%, Lucid Group LCID.O up 2.5%; both companies' supply chains largely U.S.-based

Other US automakers drop, with GM GM.N down ~7.2%, Ford F.N down ~2.6%

In European markets, Volkswagen VOWG_p.DE dropped 2%, BMW BMWG.DE and Mercedes-Benz MBGn.DE fell about 3% each

Wedbush analysts say Tesla less exposed as its production and assembly is all in the U.S.

Daiwa analysts say TSLA is "least exposed" to new tariffs

Musk, though, warns of hit to some imported car parts

*TSLA "won't be immune from this mounting trade war, given that it does import some parts, including electrical components and batteries, from China"- Susannah Streeter, head of money and markets, Hargreaves Lansdown

Avg rating of 54 brokerages is 'hold' on TSLA -LSEG data

YTD, TSLA down ~33% due to a host of worries, while GM has dropped 4.4% and Ford has risen 5.7%